How to automatically audit your medical bills. Interview with HealthLock’s Scott Speranza
Medical bills are full of mistakes. And fraud and abuse are far too common. What’s the solution?
In this episode, HealthLock CEO Scott Speranza shares how his company performs automated audits of medical bills by seamlessly connecting with the patient's health plan portal. We also discuss an exciting new partnership with MasterCard that gives many cardholders (including me) free access.
I connected my insurance to HealthLock and soon got a helpful audit of my claims (which turned out to be clean --thanks Harvard Pilgrim!)
Scott unravels the complexities of coordination of benefits --where he offers reflection on my experience with my dependents--, the significance of automated HIPAA authorizations, and provides practical insights for managing family healthcare. And he shares his views on the delicate balance of privacy and oversight.
One thing he recommends (which providers hate) is to wait for a while to pay your medical bills since charges initially attributed to the patient may actually be covered in the end.
Health Business Group is a boutique healthcare consulting firm that develops growth strategies for innovative organizations like HealthLock. Contact us to learn more.